Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim yesterday said Bangladesh has potential to get $20.8 billion foreign investment from “Taipei Investment Summit, 2020”. “Taipei Investment Summit-2020 will be held in Taipei (Taiwan’s capital) and we have identified an investment pool of $20.8 billion. Investment would come to various sectors, including in infrastructure, hospitality and automobiles. Money will come to different economic zones of the country,” he said.
The FBCCI president said this at a post-event press conference of the 33rd Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) at a capital hotel, said a press release. Sheikh Fazle Fahim informed that FBCCI and CACCI will jointly organise the Taipei Investment Summit-2020. He said this is the first time, the CACCI conference was held in Bangladesh. Through this gathering, a vibrant network of businesspersons has been created, he added.
Fahim said the conference has also created the opportunity of bringing a big amount of foreign investment to the country. Sectors including infrastructure, tourism and automobiles would get the lion share of this probable investment, he added. The 33rd CACCI Conference jointly organized by FBCCI and CACCI was held for the first time in Dhaka. This press conference was held to inform the recipients of the two-day conference. 27 member countries of CACCI including Bangladesh took part in the conference.
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Intense price competition among the RMG makers in Asia resulted in reduced profit margins for the Bangladeshi clothing exporters as the country has to import most of the raw materials for the sector.… 
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
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